Property Types Seniors Housing
Senior Housing Properties Announces Q1 Results
May 7, 2008

Senior Housing Properties Trust has announced its financial results for the quarter ended March 31, 2008. They are as follows: Net income was $23.3 million, or $0.26 per share, for the quarter ended March 31, 2008, compared to net income of $17.5 million, or $0.22 per share, for the quarter ended March 31, 2007. Net income for the quarter ended March 31, 2007, includes a loss of $2 million, or $0.02 per share, related to the early retirement of $20 million of its 8 5/8 percent senior notes due 2012. Funds from operations (FFO) for the quarter ended March 31, 2008, were $38.3 million, or $0.42 per share. This compares to FFO for the quarter ended March 31, 2007 of $31 million, or $0.38 per share. FFO for the quarter ended March 31, 2007, includes a cash loss of $1.8 million, or $0.02 per share, related to the early retirement of the senior notes due 2012 described above.

 
Recent Seniors Housing Headlines
The Villages Ranks as Fastest Growing Micropolitan Area
May 16, 2008
The Villages, a single-site mixed-use development located in Miami, Fla., earned the No.1 ranking as the fastest growing micropolitan area in the nation according to a recently released Census Bureau report.
Work Gets Underway on $200M Portland Seniors Housing Property
May 14, 2008
Construction has commenced on Mirabella, a 30-story continuing care retirement community site on one acre in Portland's South Waterfront submarket.
AHC Celebrates Opening of 108 New Affordable Rental Apartments in Arlington, Virginia
May 09, 2008
AHC Inc., the largest nonprofit developer and owner of affordable housing in Northern Virginia, celebrated the opening of The Frederick, a nine-story building with 108 new apartments for low- and moderate-income residents, it has announced.
Senior Housing Properties Announces Q1 Results
May 07, 2008
Senior Housing Properties Trust has announced its financial results for the quarter ended March 31, 2008.
Book Slams Retirement Communities
May 06, 2008 - Source: Orlando Sentinel
"Leisureville", written by Andrew D. Blechman, uses the Orlando-area retirement community The Villages as an example.
 

 

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